Episode 518: Neal and Toby talk about the latest inflation report that came in hotter than expected, tossing high hopes of more Fed rate cuts. Then, Palmer Luckey’s defense-tech startup scores a big contract with the US Army, courtesy of Microsoft. Also, Olipop is leading the pack in the prebiotic soda category as it raises $50M in its latest funding round. Meanwhile, Neal shares his favorite numbers on YouTube, GoFundMe, and Valentine’s Day flowers. Finally, a recap of the biggest headlines from the day. 00:00 - Denmark wants to buy California? 2:40 - Inflation gets hotter 8:00 - Anduril scores US Army contract 12:00 - The prebiotic soda wars 18:00 - More YouTube on TV than on mobile 20:00 - GoFundMe raises record funds for LA fires 22:00 - Miami Flower Gateway 24:50 - Sprint Finish Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Check out https://wise.com/business for more! Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 516: Neal and Toby discuss Meta’s continuation of its ‘Year of Efficiency’ as it begins another round of layoffs amid its investment into its AI strategy. Then, President Trump imposes 25% tariffs on steel and aluminum that will likely hurt Germany, Canada, Mexico, and Asian countries. Next, another push to abolish the US penny. Meanwhile, Apple Watch wearers are moving their trackers down to the ankles. Lastly, a roundup of the biggest headlines from the day.  00:00 - It’s official, Gulf of America 3:00 - Meta layoffs 8:15 - Tariffs on US Steel 12:30 - Penny waste? 19:10 - Toby’s Trends: Ankle Watch 22:40 - Sprint Finish! Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Check out https://wise.com/business for more! Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.  APY as of 1/16/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change. *Terms and Conditions apply. Learn more about your ad choices. Visit megaphone.fm/adchoices